5 Reasons Vending Machines Are a Good Side Business
If you’ve been thinking about starting a business, healthy vending is a great way to enter the world of entrepreneurship. The vending machine industry is thriving, generating over $7 billion a year in sales. Advances in technology make it easier than ever for consumers to pay for the items they need and want on the spot. It’s no wonder the industry is booming.
How can owning healthy vending machines benefit you? Let’s take a look at five reasons vending machines are a good side business.
1. Healthy vending is a profitable niche
Across the U.S., employees are returning to the office. It’s a big adjustment after nearly two years of working from home—and no one wants hangry employees. That means workers need convenient access to healthy snacks, drinks and meals to fuel them through the busy workday. As employers realize the connection between a healthy work environment and happier, more productive employees, it makes sense that they’d want to encourage healthier eating habits at work. It also means employers are amenable to having a free Healthy YOU Vending machine placed on site. More potential locations for your vending machines can lead to additional sales and more income for you.
2. You can earn passive income
In the right locations, vending machines can earn you a passive income 24/7—or at least during a location’s hours of operation. Either way, you don’t have to be there working on site to earn money. Your vending machine does it for you. And since vending is an on-demand business, there’s an immediate payout for sales. Advances in technology allow customers to pay for vending machine items with credit cards, debit cards and e-wallets, in addition to cash, which means you have access to even more potential customers. Plus, SmartWarePro360™ technology allows you to change product pricing, offer discounted vends for specific hours and more—all from wherever you choose to run your business.
3. You don’t have to quit your day job
Some new businesses can take months to generate paying customers. With Healthy YOU Vending, you can be on the road to a fully operational business within weeks. Starting your healthy vending business as a side hustle is a good way to commit to your new venture without sacrificing regular income. Unlike taking on a second job, you are your own boss, call the shots and decide when and where to work. Being able to run your own business on your schedule is just one of the perks of owning a Healthy YOU Vending business. Remote monitoring makes it easy to manage your inventory. As you expand your side hustle into a full-time business, you can rely on Healthy YOU Vending’s franchise-level support that includes lifetime coaching, without the ongoing fees that would otherwise cut into your profits.
4. A vending machine business is easy to scale
Once you start profiting from your initial vending machine investment, it’s easy to scale up. You can grow your healthy vending business from a side hustle to a full-time income by adding additional machines, moving them to more profitable locations and hiring employees, if you choose. It’s also a great way to get the whole family involved in a business and teach your kids how to run a company from the ground up.
Learn more about how Andre & Brittany grew their business: Click here.
5. Health is at the forefront of everyone’s minds
Health and wellness continue to be a priority for many Americans. Consumers are demanding more from their food, expecting health benefits, good flavor and convenience as they resume their pre-pandemic busy-ness. According to Dr. Jeffrey Blumberg from the Friedman School of Nutrition Science and Policy at Tufts University, “Consumers are looking for function. They want foods…that have the ability to improve their mood and boost immunity, sharpen their cognition,” and more.
With health being such a prevalent motivator, starting a healthy vending machine venture can go beyond a passive side hustle to become a profitable business. As with any venture, your success is tied to your efforts, but the overall consumer drive across America to eat healthier is an indicator of potential success. Contact HealthyYOU Vending today and learn more about owning and operating a healthy vending machine business.